In the above example, the Giants winning the game by exactly three points would result in a push for bettors on both sides, and all wagers would be refunded. This means, in order for the wager to win, the Cowboys would need to lose the game by fewer than three points, or win it outright. Those who wish to support the Cowboys are betting on the underdog, and thus "taking" the points. This means they would have to win by four or more in order to cover the spread and make your wager a winner. So if you wish to wager on the Giants in this game, you'd be giving up or "laying" three points with them. The spread is a handicap that requires the favored team to win the game by an ascribed number of points in order for the bettor to win his wager on the team. The spread is essentially a mathematical formula used to bridge the talent gap between teams and incentivize potential bettors into considering both sides. In this example, the Giants are three-point favorites against the Cowboys. Take the following listing you might see in a sportsbook: While the plus and minus signs might look confusing at first, they are easily explained.
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